Part 13

Other special types of company etc
Chapter 9

Community amateur sports clubs

Restrictions on exemptions

How income and gains are attributed
668
1
A registered club may specify the income and gains to be reduced (in whole or in part) as a result of section 666.
2
A specification under subsection (1) is made by notice to an officer of Revenue and Customs.
3
Subsection (5) applies if—
a
an officer of Revenue and Customs requires the club to make a specification under this section, and
b
the club has not given notice under subsection (2) of the specification before the end of the required period.
4
The required period is 30 days beginning with the day on which the officer made the requirement.
5
An officer of Revenue and Customs may determine the income and gains to be reduced (in whole or in part).